Global Markets React to Strong U.S. Jobs Data and Rising Yields 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Urban studies: Doing research when every city is different 
NZD/USD chart on Trading View used for analysis
- New Zealand unadjusted monthly trade deficit widened $90m in September to $1,560m, hits new record.
- NZD/USD has pared losses and edged higher from session lows at 0.6502, but poor showing in equities likely to keep upside capped.
- The pair's bearish bias remians intact as long as 5-DMA resistance holds.
- Break above 5-DMA could see test of channel top at 0.66. Bearish invalidation only on channel breakout.
- On the flipside, next major support lies at 0.6425 (lower BB) ahead of 0.6424 (Oct 8 low).
- Focus now on U.S. Q3 GDP data for further impetus.
Support levels - 0.6425 (lower BB), 0.6424 (Oct 8 low)
Resistance levels - 0.6548 (5-DMA), 0.66 (55-EMA and channel top)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
